Oireachtas Joint and Select Committees

Thursday, 24 March 2022

Public Accounts Committee

Sustainable Energy Authority of Ireland: Financial Statements 2020

9:30 am

Mr. William Walsh:

Yes, it is rented. It is leased. At a very high level - because the Deputy has asked that we keep our answers succinct - we had a very low rent in Wilton Park House given that IDA Ireland had entered an arrangement with the landlord back in the 1980s. The cost per square foot doubled to €57 per square foot and was around €30 to €32 in Wilton Park House, which was way below market average. The cost nearly doubled but also the footprint because we required more space for the staff that we have now and will have in the future.